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TGI Fridays has closed 50 locations this year, according to Restaurant Business, and this month alone, restaurants in Charlotte, North Carolina; Charleston, South Carolina; Grand Chute, Wisconsin ...
The closings were first re porte d by National Restaurant News, which said about one-third of all brand-name restaurant chains ended 2023 with fewer locations than they started with. Eating out in ...
More than 1,000 employees from the closing locations will have the opportunity to transfer. That accounts for more than 80% of the total workers impacted by the closures, TGI Fridays said.
The last Idaho Fridays restaurant closed last summer. In 2020, during the COVID-19 pandemic, the then-CEO predicted that as many as 20% of the chain’s locations could close permanently , later ...
Hooters abruptly closes dozens of "underperforming" restaurants across 14 states, with 16 closing in Texas alone. See the full list of store closures.
Denny's plans to shutter 150 of its restaurants as the company aims to strengthen its cash flow.. Fifty lower performing restaurants will close by the end of 2024, while the remaining 100 will ...
There are currently 87 Red Lobster restaurants listed as temporarily closed on the company's website, but 48 of those restaurants have kitchen equipment up for auction. The online auction ends at ...